Flanders Corporation 401(k) Plan (terminated 2016): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2016, when $7.90 million was transferred out of the plan. Assets moved to the RETIREMENT SAVINGS PLAN FOR DAIKIN GROUP AFFILIATED COMPANIES (sponsored by DAIKIN APPLIED AMERICAS INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the RETIREMENT SAVINGS PLAN FOR DAIKIN GROUP AFFILIATED COMPANIES →Flanders Corporation 401(k) Login
Retirement plan providers can change. This information is from the plan's 2016 filing.
Flanders Corporation 401(k) Plan Facts (plan year 2016)
Source: Form 5500 for plan year 2016 (Jan 1, 2016 – Dec 31, 2016), filed Oct 13, 2017. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2016
- $1.07 million went into the plan in contributions, $264,619 of it from the employer (25%).
- $463,319 was paid out to participants.
- Investment and other income added $439,142.
How the Flanders Corporation 401(k) changed, 2011–2016
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2011 | 2,310 | $4.56 million | $93,606 | $587,623 |
| 2012 | 1,770 | $5.41 million | $150,111 | $573,025 |
| 2013 | 2,173 | $6.60 million | $250,416 | $748,013 |
| 2014 | 2,118 | $6.52 million | $178,528 | $1.23 million |
| 2015 | 2,857 | $6.92 million | $233,709 | $511,146 |
| 2016 (final) | 2,738 | $0 | $264,619 | $463,319 |
Flanders Corporation 401(k) Contact Information
Questions about the Flanders Corporation 401(k)
Is the Flanders Corporation 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2016. Its assets were transferred to the RETIREMENT SAVINGS PLAN FOR DAIKIN GROUP AFFILIATED COMPANIES.
Does Flanders Corporation contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2016 the employer contributed $264,619, 25% of all contributions.
Does the Flanders Corporation 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Flanders Corporation 401(k) plan?
2,738 participants at the start of plan year 2016.
Who manages the Flanders Corporation 401(k) accounts?
Truist Retirement is the plan's recordkeeper, which is where participants log in to see their balance.